Germany's E.ON to Shut Down Nuclear Reactor Early

FRANKFURT—E. ON SE Friday said it plans to shut down one of its nuclear reactors seven months before its operating license expires because subsidized renewable energies and a tax on nuclear fuel have eroded the plant's profitability.

Germany's largest utility by market value said it has requested approval from the country's grid regulator and a power network operator for shutting down the 1.3-gigawatt reactor Grafenrheinfeld as early...